Trump to announce if he'll run for president by June

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WASHINGTON, DC - FEBRUARY 10: Donald Trump speaks at the Conservative Political Action conference (CPAC), on February 10, 2011 in Washington, DC. The CPAC annual gathering is a project of the American Conservative Union. (Photo by Mark Wilson/Getty Images)

Updated at 6:42 AM EST on Friday, Feb 11, 2011

With his famously brushed comb-over, billionaire Donald Trump stood before a crowd of conservatives in the District and announced he is thinking about running for president.

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"While I am not at this time a candidate for the presidency, I will decide by June whether or not I will become one," he said. "And I will tell you the reason I'm thinking about it ... is that the United States has become a whipping post for the rest of the world. The world is treating us without respect. They are not treating us properly."

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Trump also had some choice words for the field of potential Republican candidates, saying he wished there were a clear choice in the field. When supporters of Rep. Ron Paul (R-Texas) suggested their candidate was the man, Trump was blunt.

"Ron Paul cannot get elected," he said. After a chorus of boos, Trump didn't back down, repeating the statement, while saying that he likes Paul.

By happenstance, the crowd was even more full of Paul supporters than usual, because Paul's son, Sen. Rand Paul (R-Ky.), was scheduled to speak after Trump.

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